Indian shares little changed as tech stocks counter banking gains
BENGALURU - Indian shares were unchanged early on Wednesday, with gains in financials offsetting losses in technology stocks, while a fresh round of COVID-19-related curbs across the nation kept investors cautious.
By 0346 GMT, the NSE Nifty 50 index was up 0.03% at 17,810.65, while the benchmark S&P BSE Sensex gained 0.05% to 59,885.44 points.
Financial services provider Bajaj Finance rose more than 2% and was the top gainer on the Nifty 50 index.
Nifty's bank index extended gains to a fifth session, boosted by a near 6% jump in AU Small Finance Bank after a strong quarterly update.
Top IT firms HCL Technologies and Infosys fell over 1% each and capped gains on the benchmark index early on Wednesday.
Meanwhile, authorities in India's top cities of New Delhi and Bengaluru put in place weekend curfews as COVID-19 cases continued to spike.